LTC is climbing the local trend line
Hi,
When reviewing the LTC / USDT chart in the 4h interval, it is worth noting that since the previous retest, the energy visible on the CHOP indicator was used for increases, while the energy from 10.02 gave us a downward move. Currently, on 4H you can see that the energy is starting to grow, so it is worth observing which side it will be used in.
Cene has rebounded from second support and is now just above the $ 125 support.
As you can see, the price has also stayed above the uptrend, with resistance at: $ 129.3, $ 132.2, $ 134.9.
When reviewing the LTC / USDT chart in the 4h interval, it is worth noting that since the previous retest, the energy visible on the CHOP indicator was used for increases, while the energy from 10.02 gave us a downward move. Currently, on 4H you can see that the energy is starting to grow, so it is worth observing which side it will be used in.
Cene has rebounded from second support and is now just above the $ 125 support.
As you can see, the price has also stayed above the uptrend, with resistance at: $ 129.3, $ 132.2, $ 134.9.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.